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Proposed sale: GILT (NASDAQ: GILT) insider files to sell 2,659 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

GILT reported a proposed sale of 2,659 ordinary shares under an employee stock option plan, with sale reported on 03/09/2026 and planned cash upon exercise treatment. The filing also discloses prior sales of 4,781 ordinary shares on 02/12/2026 for $65,547.51.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 shows an insider sale proposal and recent disposals.

The filing lists a proposed sale of 2,659 ordinary shares under an employee stock option plan, with proceeds on a cash upon exercise basis and a reported planned sale date of 03/09/2026. This is a disclosure of intent to sell rather than evidence of completed market activity.

It also records sales of 4,781 shares on 02/12/2026 yielding $65,547.51. Timing and cash‑flow recipients are those named in the entry; subsequent filings will show execution details.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does GILT's Form 144 disclose about the planned sale?

It discloses a proposed sale of 2,659 ordinary shares under an employee stock option plan, reported with a planned date of 03/09/2026. The filing shows the sales are to be executed on a cash upon exercise basis.

Did any insider sales occur recently for GILT?

Yes. The filing lists prior sales of 4,781 ordinary shares by Elyezer Shkedy on 02/12/2026, with proceeds reported as $65,547.51. This is shown in the "Securities Sold During The Past 3 Months" section.

Who is the selling party named in the filing?

The prior-sale entry names Elyezer Shkedy with an address in McLean, VA. The proposed sale is identified as from the issuer under an employee stock option plan, without a different individual specified for the planned 2,659-share sale.

How will proceeds be received for the planned sale?

The filing states proceeds are to be received as Cash Upon Exercise, indicating the transaction involves option exercise and cash settlement rather than a noncash exchange or issuance-in-kind.

On which exchange are the ordinary shares listed?

The securities are listed on Nasdaq, as shown in the securities information section of the filing. The filing identifies the class as "Ordinary" on Nasdaq.
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